Schwartz Investment Counsel’s SM Energy SM Stock Holding History

Schwartz Investment Counsel’s Portfolio SM Stock Details SM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-75,000	Closed	-$2.4M	–	147
2015 Q3	$2.4M	Buy	75,000 +45,000	+150%	+$1.63M	0.19%	94
2015 Q2	$1.38M	Buy	30,000 +10,000	+50%	+$528K	0.09%	115
2015 Q1	$1.03M	Buy	20,000 +5,000	+33%	+$217K	0.07%	122
2014 Q4	$579K	Buy	15,000 +9,000	+150%	+$451K	0.04%	141
2014 Q3	$468K	Hold	6,000	–	–	0.03%	146
2014 Q2	$505K	Buy	6,000 +3,000	+100%	+$230K	0.04%	152
2014 Q1	$214K	Sell	3,000 -2,000	-40%	-$156K	0.02%	179
2013 Q4	$416K	Hold	5,000	–	–	0.03%	178
2013 Q3	$386K	Hold	5,000	–	–	0.03%	185
2013 Q2	$300K	Buy	+5,000	New	+$305K	0.03%	192

Other funds holding SM

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

CCM

Causeway Capital Management Los Angeles, California $8.15B AUM 29.28% 1-Year Est. Return

KGH Ltd Nassau, Bahamas $1.92B AUM 13.96% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

HCM

Herndon Capital Management Atlanta, Georgia $659M AUM 22.02% 1-Year Est. Return

Schwartz Investment Counsel's SM Position: Q4 2015 in Review

Schwartz Investment Counsel sold out of SM Energy (SM) in Q4 2015, closing a stake of 75,000 shares — an estimated $2.4M sold.

Schwartz Investment Counsel first reported a position in SM in Q2 2013 and held it in 10 quarters. The position peaked at $2.4M in Q3 2015. 241 funds tracked by Wall St. Rank hold SM as of Q4 2015.

Schwartz Investment Counsel reported no remaining SM Energy position as of Q4 2015 after selling out during the quarter.
Schwartz Investment Counsel sold 75,000 SM Energy shares in Q4 2015, an estimated $2.4M.
Schwartz Investment Counsel first reported a position in SM Energy in Q2 2013 and held it in 10 quarters.
Schwartz Investment Counsel's SM Energy position peaked at $2.4M in Q3 2015.
241 funds tracked by Wall St. Rank held SM Energy as of Q4 2015.

Based on Schwartz Investment Counsel's 13F filing for Q4 2015, filed 3 Feb 2016.